GTBank Takes Possession Of Stallion Nigeria’s Assets Over N13bn Judgment Debt
Guaranty Trust Bank (GTB) has taken possession of assets belonging to Stallion Nigeria Limited in Lagos and its sister firms.
Naira Scarcity: CBN Insists Banks Have ‘Massive Supply’ Of New Notes
Mr. Emefiele advised bank customers to deposit their old notes at any commercial bank and obtain the new banknotes with immediate effect, insisting that the January 31 deadline would not be extended.
Emefiele Says The Redesign Of The Naira Has Reduced Kidnapping
The previous N200, N500, and N1,000 notes will cease to be valid on January 31, 2023, according to Emefiele of the CBN.
Governors Invite CBN Governor For Meeting Over New Naira Notes
The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, for a virtual meeting on Thursday over issues related to the new naira notes introduced by the apex bank.
CBN Threatens To Sanction Banks Who Fail To Load ATMs With New Naira Notes
Last week, the apex bank ordered banks to halt dispensing the new currency notes over the counter — and to only make them available via ATMs.
Reports Reveal That The Highest Spenders In Africa Are Nigerians
According to reports, shop owners in various nations ignore their European customers in favor of Nigerians when they see Nigerians…
Nigeria’s Agricultural Revolution Created Over 13m Jobs In 7 Years – Buhari
President Muhammadu Buhari said Nigeria’s agricultural revolution had led to the creation of over 13 million direct and indirect jobs in the last seven and half years.
Banks Run Out Of New Notes, ATMs Still Dispensing Old Notes
Despite the lukewarm reception of the new banknotes by users, banks ran out of their distribution of new naira notes.
Senate Asks CBN To Increase Cash Withdrawal Limits
Kalu proposed setting a daily cash withdrawal cap of N500,000 for private persons and N3,000,000 for corporate entities.
Banks Reconfigure ATMs, New Naira Enters Circulation Today
The old notes’ status as legal money will expire on January 31, 2023.
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